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China BankingPHS:CBC +0.27%76 Pretax Margin % is 47.35% as of Mar. 2026, which is 29% above its 10-year median of 36.58. GuruFocus rates PHS:CBC with a GF Score™ of 76/100 and a GF Value™ of ₱58.44 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,530 Banks companies, China Banking ranks better than 77.39% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. China Banking's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₱8,410 Mil. China Banking's Revenue for the
three
months ended in Mar. 2026 was ₱17,759 Mil. Therefore, China Banking's pretax margin for the quarter that ended in Mar. 2026 was 47.35%.
The historical rank and industry rank for China Banking's Pretax Margin % or its related term are showing as below:
PHS:CBC'
s Pretax Margin % Range Over the Past 10 Years
Min: 31.94 Med: 36.58 Max: 48.58
Current: 46.65
PHS:CBC's Pretax Margin % is ranked better than 77.39% of 1530
companies
in the Banks industry
Industry Median: 34.655
vs PHS:CBC: 46.65
China Banking (PHS:CBC) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
China Banking Pretax Margin % Related Terms
China Banking Pretax Margin % Historical Data
* Premium members only.
The historical data trend for China Banking's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Banking Pretax Margin % Competitor Comparison
For the Banks - Regional subindustry, China Banking's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China Banking Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, China Banking's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where China Banking's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Banking (PHS:CBC) has a Pretax Margin % of 47.35% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on China Banking and its competitors. This is 29% above median its historical median of 36.58. Over the past decade, China Banking's Pretax Margin % has ranged from 31.94 to 48.58. According to the industry distribution chart, China Banking ranks #346 out of 1530 companies in the Banks industry, placing it in the top 22.6%.
Is China Banking's Pretax Margin % too high?
China Banking's current Pretax Margin % of 47.35% is 29% above median its 10-year median of 36.58. Over the past 10 years, this metric has ranged from a low of 31.94 to a high of 48.58. The Banks industry median Pretax Margin % is 34.66. China Banking's value of 47.35% is 36.6% above this industry median. Based on the distribution chart, China Banking ranks #346 out of 1530 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, China Banking has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Banking's Pretax Margin % compare to competitors?
According to the Banks industry distribution chart, China Banking ranks #346 out of 1530 companies for Pretax Margin %. This places China Banking in the top 23% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 34.66. China Banking's value of 47.35% is 36.6% above this benchmark. Historically, China Banking's own Pretax Margin % has ranged from 31.94 to 48.58 over the past decade. While the company's 10-year median is 36.58 vs. the industry median of 34.66, China Banking has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.66, based on 1,530 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Banking's current Pretax Margin % of 47.35% is 36.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on China Banking and its competitors. For the Banks industry, the median Pretax Margin % is 34.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Banking's current Pretax Margin % is 47.35%, which is 29% above median its own 10-year median of 36.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Banking stock overvalued right now?
Based on GuruFocus' analysis, China Banking (PHS:CBC) is currently considered Fairly Valued. The stock's GF Value™ is ₱58.44, compared to a current price of ₱56.55 — trading 3.2% below its estimated fair value. The current Pretax Margin % is 47.35%, which is 29% above median its 10-year median of 36.58 and 36.6% above the Banks industry median of 34.66. China Banking's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For China Banking (PHS:CBC), the current Pretax Margin % is 47.35% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Banking (PHS:CBC) Overvalued in 2026?
Based on GuruFocus' analysis, China Banking stock appears to be undervalued.
The current stock price of ₱56.55 is trading 3.2% below its estimated GF Value™ of ₱58.44.
GuruFocus considers China Banking to be Fairly Valued.
Key valuation signals for PHS:CBC:
Pretax Margin %: 47.35% (29% above median its 10-year median of 36.58)
GF Value™: ₱58.44 vs. price of ₱56.55 (3.2% below fair value)
Industry Position: 36.6% above the Banks median (#346 of 1530)
No single metric tells the full story. See the PHS:CBC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Banking Corp is a commercial bank engaged in corporate and SME lending, retail loans including mortgage and auto loans, treasury and foreign exchange trading, trust and investment management, wealth management, cash management, and insurance products. The group's five business segments, namely, Institutional Banking, Consumer Banking, Retail Banking Business, Financial Markets, and Others, which include credit management, thrift banking business, operations and financial control, and other support services. The majority of the company's revenue comes from the Retail Banking Business.
76GF Score
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